SCHEDULE: Fort Baker Capital Discloses 6.4% Stake in Cohen Circle Acquisition Corp. II

Fort Baker Capital Management LP, along with related entities and its Chief Investment Officer, has reported beneficial ownership of 1,655,360 Class A Ordinary Shares, representing 6.4% of the outstanding shares of Cohen Circle Acquisition Corp. II.

Summary

• Fort Baker Capital Management LP, Steven Patrick Pigott, and Fort Baker Capital, LLC have jointly filed a Schedule 13G, indicating their beneficial ownership of 1,655,360 Class A Ordinary Shares of Cohen Circle Acquisition Corp. II.
• This holding represents 6.4% of the total outstanding Class A Ordinary Shares.
• The filing specifies that Fort Baker Capital Management LP directly holds these shares.
• Steven Patrick Pigott is identified as the Limited Partner/Chief Investment Officer of Fort Baker Capital Management LP, and Fort Baker Capital, LLC serves as the General Partner.
• The reporting persons are filing jointly but state they are not members of a group and disclaim beneficial ownership beyond their pecuniary interest.
• The percentage of ownership is based on the issuer's annual report on Form 10-K filed on March 25, 2026, which stated 26,020,000 Class A ordinary shares outstanding as of March 24, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership and does not provide new operational or financial information about the company.

Positives

• Fort Baker Capital Management LP has established a significant beneficial ownership stake of 6.4% in Cohen Circle Acquisition Corp. II, indicating confidence in the company's prospects.
• The joint filing by Fort Baker Capital Management LP, Steven Patrick Pigott, and Fort Baker Capital, LLC suggests a coordinated investment strategy.

Negatives

• The filing does not contain any negative financial results or operational challenges.
• No specific negative forward-looking statements are present in this disclosure.

Risks

• The filing does not explicitly detail any current issues or potential future challenges for Cohen Circle Acquisition Corp. II.
• As a Schedule 13G filing, it primarily reports ownership and does not typically include risk factor disclosures.

Future Outlook

This filing is a Schedule 13G, which reports beneficial ownership and does not contain forward-looking statements or guidance regarding the company's future performance.

Management Comments

• Each reporting person disclaims beneficial ownership of the securities reported herein except to the extent of that person's pecuniary interest therein.
• The reporting persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by Fort Baker Capital Management LP indicates a significant passive investment in Cohen Circle Acquisition Corp. II, a special purpose acquisition company (SPAC). Such filings are common as institutional investors build positions in SPACs, often prior to or following a business combination announcement.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by Fort Baker Capital Management LP may be viewed positively by other shareholders, suggesting institutional interest and potential validation of the company's strategy.
• Management: The filing confirms an active institutional investor, which may influence future strategic decisions or governance discussions.

Next Steps

• The filing does not specify any immediate next steps for the reporting persons beyond their current investment.
• Cohen Circle Acquisition Corp. II is expected to continue its search for a business combination target.

Key Dates

Keywords

Schedule 13G, Cohen Circle Acquisition Corp. II, Fort Baker Capital Management LP, Steven Patrick Pigott, Class A Ordinary Shares, Beneficial Ownership, SEC Filing, Investment, Acquisition Corp